Currency Markets

By Commodity News Service Canada Winnipeg, July 14 – The Canadian dollar was slightly higher on Monday as traders focus on the Bank of Canada’s upcoming report on interest rates, scheduled to be released on Wednesday. Traders are also keeping their eye on the Bank of Canada’s latest Monetary Policy Report. At 8:56 CDT Monday […] Read more

By Commodity News Service Canada WINNIPEG, July 11 – The Canadian dollar was sharply lower relative to the US dollar on Friday, reacting to disappointing Canadian employment data, analysts said. Statistics Canada reported that 9,400 jobs were lost in Canada last month, while pre-report expectations called for an increase of 24,000 new jobs. The unemployment […] Read more

By Commodity News Service Canada Winnipeg, July 11 – The Canadian dollar was lower against its US counterpart at midday Friday, on disappointing jobs figures that found the country lost 9,400 jobs in June. 43,000 part-time jobs were lost. On the flip side however, Statistics Canada says full-time employment rose by 33,500 positions. Economists with […] Read more

By Commodity News Service Canada Winnipeg, July 11 – The Canadian dollar fell against the US dollar on Friday amid disappointing Canadian job figures and lower commodity prices, analysts say. At 9:08 CDT Friday morning, the Canadian dollar was at US$0.9363 or US$1 = C$1.0658, decreasing 0.29 of a cent from Thursday’s close. Canada unexpectedly […] Read more

By Commodity News Service Canada WINNIPEG, July 10 – The Canadian dollar was firmer relative to the US dollar on Thursday, lifted by strong demand for long-term Canadian bonds, analysts said. The Canadian dollar closed at US$0.9392 or US$1=C$1.0647 on Thursday, which compares with Wednesday’s North American settlement of US$0.9381 or US$1=C$1.0660. Strength in commodity […] Read more

By Commodity News Service Canada Winnipeg, July 10 – The Canadian dollar was lower against its US counterpart at midday Thursday, as tepid oil prices and a disappointing monthly export reading from China, dampened traders’ appetites. China reported that its June exports grew by 7.2 percent in dollars terms from a year before, slightly below […] Read more

By Commodity News Service Canada Winnipeg, July 10 The Canadian dollar was lower on Thursday, as oil prices also dropped with easing geopolitical tensions, analysts say. At 9:06 CDT Thursday morning, the Canadian dollar was at US$0.9371 or US$1 = C$1.0650, dipping from Wednesday’s close of US$0.9381 or US$1 = C$1.0660. Oil prices have been […] Read more

By Commodity News Service Canada WINNIPEG, July 9 – The Canadian dollar was stronger relative to the US dollar on Wednesday, lifted by better than expected domestic housing data, analysts said. According to the Canada Mortgage Housing Corp., Canadian housing starts increased to a seasonally adjusted annual pace of 198,185 units in June, up from […] Read more

By Commodity News Service Canada Winnipeg, July 9 – The Canadian dollar was higher against its US counterpart at midday Wednesday, as new Canadian housing data buoyed investor confidence. According to the Canada Mortgage and Housing Corporation, housing starts rose to a level of just under two hundred thousand units in June. Royal Lepage also […] Read more

By Commodity News Service Canada Winnipeg, July 9 The Canadian dollar was slightly firmer on Wednesday morning, due to stronger than expected figures for Canadian housing starts and ahead of a key Canadian employment report to be released on Friday. At 9:04 CDT Wednesday morning, the Canadian dollar was at US$0.9373 or US$1 = C$1.0674, […] Read more